China has overtaken the US as automaker Nissan’s largest export market, Dow Jones reported. According to a statement from the company’s China unit, while sales under the Nissan and Infiniti (the company’s luxury car division) brands in the country rose 37.1% in April from a year earlier to 66,339 units, US sales totaled only 47,190 units. Nissan brand sales in China were led by the Teana model, a full-size sedan marketed as the Maxima and Cefiro in other markets (although it is not the same as the Maxima model sold in the US). Teana sales in China grew by 276% in April year-on-year, hitting 9,003 units. Nissan and Infiniti sales grew at an average of 16.7% over the last four months compared to the same period last year, the company said.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved